The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

N5bn fraud: Akingbola has case to answer – Supreme Court

Admin by Admin
May 19, 2018
in Headline News
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Supreme Court on Friday ordered Erastus Akingbola, to return to the Federal High Court, Lagos, to answer his alleged five billion Naira fraud charge.

Akingbola is a former Managing Director of the defunct Intercontinental Bank Plc.

You might also like

I Nearly Contested For President After June 12 Struggle — Soyinka

FCTA To Protect Elderly People From Abuse

Researcher Develops Gender-Responsive Tool For Climate Change

Justice Tanko Muhammad, leading a five-man panel, affirmed the February 20, 2015 judgment of the Court of Appeal in Lagos which overturned the Federal High Court’s decision striking out the charges against Akingbola.

Justice Sidi Bage, who read the lead judgment of the apex court, held that Akingbola’s appeal challenging the Court of Appeal’s judgment lacked merit.

He ordered that the case file be remitted to the Federal High Court, Lagos, for expeditious trial and to be handled by another judge.

Justice Kumai Akaahs, a member of the panel, in addition to agreeing with the lead judgment, said that he was worried by the stand of the trial judge in the matter.

Read also: Ebola: Risk of spread ‘very high’ -WHO

Akaahs said that Justice Archibong acted like a military dictator when he descended into the arena and chided the prosecution for their inability to prosecute and therefore removed his toga of impartiality.

“He constituted himself into a military dictator and this is regarded as judicial tyranny and a case of bias was established against the judge.”

According to Akaahs, while we have immunity, we do not have absolute powers to do and undo.

It will be recalled that Akingbola‘s trial was prematurely terminated in April 2012 by Justice Charles Archibong, whose decision in the case later culminated in his compulsory retirement from the bench.

Archibong, in a judgment he delivered on April 2, 2012, struck out the 26 counts contained in a charge filed by the Economic and Financial Crimes Commission (EFCC), against Akingbola.

He said that was on the grounds that the prosecution was not diligent in handling the case.

The judge described the EFCC prosecution team as a drain in the public purse and directed the Attorney-General of the Federation to disband the team.

Tags: Erastus AkingbolaNaira fraudnewsNEXT EDITIONnigerian newspapersSupreme Court
Admin

Admin

Recommended For You

Soyinka @ 90: Group Gathers 80 Schools Plan One Month-Long Exhibition

I Nearly Contested For President After June 12 Struggle — Soyinka

Nobel laureate, Prof Wole Soyinka, has disclosed that he almost joined the presidential race following the June 12 pro-democracy struggle. He, however, said he dismissed the idea after...

Schools Remain Closed In FCT Till Further Notice – FCTA

FCTA To Protect Elderly People From Abuse

The Federal Capital Territory Administration (FCTA) has reaffirmed its commitment to protecting elderly citizens from various forms of abuse, like neglect, physical, emotional, and financial abuse within the...

Researcher Develops Gender-Responsive Tool For Climate Change

Researcher Develops Gender-Responsive Tool For Climate Change

Dr Chinwoke Ifeanyi-Obi, a researcher and lecturer at the University of Port Harcourt, has developed a Gender-Responsive Smart Monitor (G-SMART) tool to track gender inclusion in agricultural adaptation...

Keyamo Orders Probe Of Air Peace/Oshiomhole Face-off

Keyamo Orders Probe Of Air Peace/Oshiomhole Face-off

Minister of Aviation and Aerospace Development, Festus Keyamo, has directed aviation agencies to investigate the incident involving Senator Adams Oshiomhole and officials of Air Peace Airline at Murtala...

Next Post
Former New Nigerian MD Abdurrahaman buried

Former New Nigerian MD, Abdurrahman buried




Related News

Police Arrest 30 Over Alleged Involvement In Adamawa Communal Clash

Police Arrest 30 Over Alleged Involvement In Adamawa Communal Clash

Naira Abuse: EFCC Detains Cubana Chief Priest Ahead Of Arraignment Today

Naira Abuse: EFCC Detains Cubana Chief Priest Ahead Of Arraignment Today

Rampaging Cultists Kill 13 University Students

Rampaging Cultists Kill 13 University Students




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
advert@nextedition.com.ng
vicki.ibanga@gmail.com

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited